Slovakias EU-harmonised monthly inflation eases to 0.2% in April 2012.

By bne IntelliNews May 17, 2012
Slovakias monthly EU-harmonised inflation eased to 0.2% in April 2012 from 0.3% in the previous month, as a rise in clothing and health-related prices was offset by a decline in heavyweight food prices, data from the statistics office showed. The annual inflation rate, measured by the harmonised index of consumer prices (HICP), slowed to 3.7% last month from 3.9% in March. The average annual inflation rate, measured by the change in average annual HICP for the last 12 months in comparison with the average for the preceding 12 months, remained flat m/m at 4.2%. The EU-harmonised inflation has a different composition of the consumer basket compared to the headline inflation, which reached 3.6% y/y and 0.3% m/m in April.
April-12, m/m change March-12, m/m change April-12, y/y change March-12, y/y change
Consumer prices, total 0.2% 0.3% 3.7% 3.9%
Food and non-alcoholic beverages -0.1% 1.9% 2.9% 3.7%
Alcoholic beverages and tobacco -0.4% 1.3% 3.1% 5.0%
Clothing and footwear 2.1% -0.2% 2.0% 1.9%
Housing, water, electricity, gas and other fuels -0.1% -1.2% 5.3% 5.6%
Furnishings, household equipment and routine 0.1% -0.1% 0.7% 0.4%
Health 2.5% 0.4% 6.3% 3.9%
Transport 0.6% 0.7% 7.9% 8.2%
Post and telecoms 0.0% 0.0% -0.2% -0.2%
Recreation and culture 0.0% 0.7% 1.3% 1.1%
Education 0.1% 0.0% 5.8% 5.8%
Hotels, cafes and restaurants 0.1% 0.3% 3.3% 3.5%
Miscellaneous goods and services 0.4% 0.2% 3.8% 4.1%

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